• Expeditors Of Washington average return on tangible equity for 2023 was 32.27, a 23.62% decline from 2022.
• Expeditors Of Washington average return on tangible equity for 2022 was 42.25, a 10.95% decline from 2021.
• Expeditors Of Washington average return on tangible equity for 2021 was 38.08, a 34.08% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.